HDFC Bank set to report Q1 FY25 results today; here is what investors can expect
HDFC Bank Q1 FY25 Results Preview: HDFC Bank is expected to register a 33 per cent year-on-year jump in its standalone net profit for the quarter ended June 30, according to Zee Business research. Read on to know what more investors can expect from the country's largest private sector bank.
HDFC Bank Q1 FY25 Results Preview: HDFC Bank - the country's largest private sector lender - is all set to report its financial results for the April-June period on Saturday, July 20. Analysts expect the private sector bank to stage a strong quarterly performance.
HDFC Bank Q1 Results Due Today | What to expect in terms of PAT, NII?
According to Zee Business research, HDFC Bank is estimated to register a standalone net profit of Rs 15,915 crore for the quarter ended June 30, which translates to a jump of 33.1 per cent on a year-on-year basis. The analysts expect the private sector lender's net interest income (NII) - or the difference between the interest earned and the interest paid - to grow 25.6 per cent to Rs 29,635 crore for the first quarter of the current financial year.
HDFC Bank Q1 Results Due Today | Will NIM improve?
HDFC Bank's net interest margin (NIM) - a key measure of profitability for financial institutions - is pegged at 3.40 per cent for the fiscal first quarter of FY25, as against 3.44 per cent for the previous three months.
HDFC Bank Q1 Results Due Today | Asset quality
Zee Business analysts expect the private bank's asset quality to remain stable, with its gross non-performing assets (GNPA) as a percentage of total loans decreasing by 4 bps to 1.2 per cent and net non-performing assets by 3 bps to 0.3 per cent.
HDFC Bank Shares | Historical performance
HDFC Bank shares have lost 5.0 per cent of their value in the last one year, sharply underperforming gains of 23 per cent and 13 per cent in the Nifty50 and Nifty Bank indices, respectively, as of July 19.
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